Let's all try to be a little nicer to Chairman Bernanke who appears to be we earnestly bent on trying to save all our butts, blue and red alike.
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To Alfred DiMora, designing, building and selling a $2 million limited-production super-exotic sedan seemed like a good enough idea in 2007.
Feb. 26 (Bloomberg) -- Executives at buyout, venture-capital and hedge-fund firms will pay an estimated $24 billion more in taxes over nine years if P...
Back when it was good, you didn't understand it and it didn't matter; the numbers kept going up anyhow. The ones who knew, knew, and you were content to go along for the ride.
The Treasury's policy did nothing to build confidence or stabilize the markets. The precipitous drop of the equity markets in October and November are the market's judgment on their policies.
In an era in which losers are universal and making a profit seems somehow shady, Paulson is the most conspicuous of Wall Street's winners. Paulson & C...
What is right and what is wrong in world of hedge funds?
Low incomes are what defines a Third World economy. High incomes are what power and define a First World, prosperous, economy.
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UPDATE, 1/14/09, 1:59 PM
CNN is reporting:
Schrenker was found at a campsite near Quincy, Florida, with "deep cuts on his wr...
The $50-billion fraud, allegedly perpetrated by New York's Bernie Madoff, is a predictable outcome following the collapse of a speculative bubble. Big bubbles attract bigger crooks.
The Bernie Madoff Ponzi scheme is generally regarded as the biggest financial scam of all time. I don't agree.
Hedge funds will be allowed to borrow from the Federal Reserve for the first time under a landmark $200bn programme intended to support consumer credi...
Why would certain well-off clients and investors in the feeder funds (for example Switzerland's Union Bancaire Privee) not sue Madoff for his illegal ...
Hedge fund are required to carefully investigate their potential investments. When a "fund-of-funds" farms its money out to another manager, a few simple questions are due diligence 101.
The difference between criminal conduct and business as usual in the securities industry is a fine line. Madoff clearly did not have the expertise he claimed. At some point, he stopped trying.
A prominent New York lawyer has been charged in a $100 million (£75 million) hedge fund fraud scheme in which he allegedly tricked his way into busin...
On Thursday, Treasury Secretary Henry Paulson said he wants to see more hedge fund regulation as part of his proposal for creation of a new systemic r...
In today's artificial and perverse global economy the best short term medicine for the ailing markets would be a weakening U.S. currency
This lack of balance is why we need more women involved in leading the world's economy. There is simply too much of a male-focused approach and it is not working!
WASHINGTON — The nation's financial picture grew darker Thursday, a day marked by breathtaking numbers: a quarter-trillion-dollar budget deficit...
Ken Griffin, Chicago hedge fund magnate and one of the country's wealthiest men, is the anti-Trump. Unlike The Donald, Griffin hates being noticed. All that is about to change Thursday.
Barack Obama is faced with very high expectations. There is only a small likelihood that any human being could actually deliver a performance commensurate with those expectations.
Have you noticed our politicians so often do exactly the wrong thing? They mean well, but in their haste to propitiate us, the voters, they cause more damage than good.
Over the six years Capital Compensation Partners was in business, the firm made $261 million, and the firm's clients lost $203 million. All the risk was borne by the clients, who got obliterated in the end.
Far be it from me to contradict one of the world's greatest stock sages and business analysts. But I will.
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